Is Wayland, IA 52654 a buyer’s or seller’s market?
Wayland is a seller’s market. With about 1.9 months of supply and 20% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Wayland housing market right now
In the three months ending August 31, 2026, 20% of homes in Wayland, IA 52654 sold above their list price, the typical home went under contract in 17 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (86 days then) and the median sale price fell 15% to $125,446. Overall, Wayland is more competitive than a year ago, so tougher for buyers.
Within Henry County, homes here sell faster than in any other ZIP code in the county, and sell less often over asking than in 67%.
Nearby, buyers who want less competition could look at Winfield 52659 (0% sold over asking) or Olds 52647 (0% sold over asking), while Mount Union 52644 (100% sold over asking) and Salem 52649 (50% sold over asking) are even more competitive.
Run the numbers for 52654
Nearby markets
Mount Pleasant 52641Balanced $112 /sq ftMount Union 52644 $152 /sq ftNew London 52645Seller’s market $113 /sq ftOlds 52647Buyer’s market $120 /sq ft Browse all markets →Towns like Wayland nearby
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Questions about Wayland real estate
Is Wayland a buyer’s or seller’s market?
A seller’s market: there were 1.9 months of supply in Wayland, IA 52654 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Wayland?
The typical home went under contract in 17 days in the latest three months.
Do homes in Wayland sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.
What are property taxes in Wayland?
About 1.56% of a home’s value a year in Henry County, or roughly $6,240 on a $400,000 home.
What is the median home price in Wayland?
The median sale price was $125,446 in the three months ending August 31, 2026, about $102 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology